Making your mark.
Premium finance arrangements are seen to offer stability, meaning they are popular during times of economic uncertainty. In the current climate, Alex Broad advises brokers to do the sums and get involved.
As insurers know only too well, fraudulent claims increase when theeconomy is unstable. What is less well-acknowledged is that the health of
the economy can also have a positive impact on premium finance.
Financing premiums gives policyholders the luxury of regular, smaller
payments and when the economy is faltering it is an increasingly
attractive option. Commercial broker FM Green uses Singer & Friedlander
for all its premium finance and, according to managing director Ian
Richens, has been
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